ZURICH (Indonesia Today) – Barry Callebaut agreed to acquire the Cocoa Ingredients Division from Petra Foods Ltd., Singapore.
For the purpose of partly financing this acquisition, Barry Callebaut’s Board of Directors called for an EGM today, the shareholders agreed to the creation of authorized share capital of a maximum nominal amount of CHF 9,300,000 by issuing a maximum of 500,000 fully paid-up registered shares with a value of CHF 18.60.
The Board of Directors can execute the respective capital increase until April 22, 2015 either by way of a rights issue or a private placement through an Accelerated Bookbuilding.
Zurich-based Barry Callebaut is the world’s leading manufacturer of high-quality cocoa and chocolate – from the cocoa bean to the finest chocolate product. Barry Callebaut operates out of 30 countries, runs more than 45 production facilities and employs a diverse and dedicated workforce of about 6,000 people. (ferdi@theindonesiatoday.com)